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Listed by Aaron Jacobson, DRE #02100737 • Lyon Stahl Investment Real Estate, Inc.
$939,000
Est. payment /mo
5,311 Sqft Lot
Price Dropped by $10K
605 N St Louis Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26096719
Year Built 1923
Lot Size 5,311 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
3 of 4 UNITS DELIVERD VACANT! 605 N St Louis is a 4-unit multifamily property in the Boyle Heights submarket of Los Angeles. The property includes 4 spacious units: (1) 2-Bed/1-bath owner's unit and (3) 1-Bed/1-bath units. For owner-users, it's a perfect opportunity to occupy one unit, while having the additional three cover your mortgage. The buyer can lease the units out at market rent and operate at a 6.91% Cap Rate and 10.36 GRM, with upside up to an 8.0% Cap Rate. All vacant units have been remodeled with new vinyl flooring, paint, common area landscaping, plumbing updates + more. Located in the heart of Boyle Heights, a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, Boyle Heights offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. It is in close proximity to the train line stop and within walking distance of Hollenbeck Park, restaurants, bars and nightlife.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Rooms
Kitchen Oven Range - Gas
Interior
Laundry Other
Exterior
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 5175027002
Special Listing Condition Not Applicable
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